Analysis of Stationary Air Compressor Market applications and company’s active in the industry

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Stationary Air Compressor Market research report
by 2018 to 2024 Global Market Insights, Inc.
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• Global Market Scenario of Hvac Industry

• Stationary Air Compressor Market to surpass USD
  30 billion by 2024 according to a new research
  report by Global Market Insights, Inc.
• They are used to operate pneumatic equipment, oil
  extraction, refining, pipeline transportation,
  etc. Moreover, substantial growth in house hold
  appliances industry in Asian region due to the
  positive GDP growth rates, industrial development
  and upsurge in personal income level will
  positively spur the product demand.
• This is all due to the extensive usage of the
  product in air conditioners, refrigerators and
  other home appliances. Stationary Air Compressor
  Market will be driven by increasing automotive
  production in Asian countries.
• They are incorporated in automotive air
  conditioners and are used in almost all
  manufacturing activities around the globe. The
  advancements developments in the North American
  mining and oil gas sector will be another
  driving factor for stationary air compressor
  market growth.

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• Adoption of portable air compressors by oil gas
  and other manufacturing industries is the key
  restraining factor for stationary air compressor
  market growth in future.
• The portable product is comparatively cheaper
  than the stationary one and provides ease of
  handling and high power capacity, which will
  negatively affect the entire industry by 2024.
• The global air compressor market is segmented on
  the basis of technology, lubrication, and
  application. Based on technology, the market is
  categorized as rotary, reciprocating, and
  centrifugal.
• In terms of revenue, centrifugal technology based
  stationary air compressor will generate over USD
  12 billion in coming year owing to its high
  capacity, large discharge rates, continuous
  operation and other mechanical features.
• Based on lubrication, the industry is segmented
  as oil free and oil filled air compressors. Oil
  free products will generate revenue more than USD
  9 billion by 2024 owing to its high usage in
  healthcare sector.

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• 360 Industry Analysis

• The product offers contaminant free compressed
  air and employed in diagnostic tools such as
  blood-analyzers, endoscopy equipment, mammography
  X-ray, and related tools.
• Based on application, the stationary air
  compressor market is segmented into eight sectors
  including home appliances, food beverage, oil
  gas, energy, semiconductor electronics,
  manufacturing, healthcare, and other applications
  such as mining, construction, agriculture, water
  treatment, entertainment, etc.
• The manufacturing application segment includes
  automotive, aerospace, glass, wood products, and
  other general manufacturing practices. The
  healthcare application segment includes medical,
  dental, and other healthcare applications such as
  diagnostics, laboratory, etc.

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• Regional Analysis

• Asia Pacific is the dominant region in the entire
  segment and will capture over 60 of the global
  stationary air compressor market.
• High growth in manufacturing activities,
  significant production of automotive parts in
  China coupled with upsurge in household appliance
  industry are the key driving factors for regional
  stationary air compressor market growth in coming
  years

• Competitive Analysis

The key stationary air compressor market players
are Atlas Copco, Hubei Teweite Power Technology
Company Limited, Sullair, Zen Air Tech, Kaeser
Kompressoren, Saylor-Beall Manufacturing Company,
and Ingersoll-Rand.
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Compressor Market _at_https//www.gminsights.com/ind
ustry-analysis/centrifugal-blower-market
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